How to Buy Shiba Inu (SHIB) in 4 Easy Steps

Automatically updated 3 minutes ago

Quick Answer:

You can buy Shiba Inu and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Shiba Inu.
  2. Register a new account.
  3. Fund your account.
  4. Buy Shiba Inu.

These steps are simple if you know where to buy Shiba Inu cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Shiba Inu (SHIB) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Shiba Inu Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations


We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.


Only 81 of these exchanges sell Shiba Inu.

We then filter down the entire set of possible marketplaces to only the ones that have active SHIB markets.


Only 37 of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.


Only 7 remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.


Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Binance

World's largest crypto exchange, known for its wide range of trading options, low fees, and strong security features.

VISIT Binance Read Review
Reasons we ♥ Binance:
Low Fees
Wide Selection of Cryptocurrencies
Extensive Trading Tools and Options
Robust Security Features
Educational and Extra Features
Apple Pay
Google Pay
Bank Transfer (ACH)
Wire Transfer
Debit Card

Step 2Register Your New Account

Users have the option to sign up using their email address, phone number, or directly with an Apple or Google account. It's important to select the account type carefully, as it cannot be changed after registration.

  • Go to Binance Website: Visit the Binance website and click on 'Register'. Choose your preferred registration method (email address, phone number, Apple, or Google account).
  • Enter Email/Phone Number: If registering with an email or phone number, enter the details. Optionally, if referred by a friend, enter their Referral ID. Agree to the Terms of Service and Privacy Policy, then click 'Next'.
  • Verification Code: Receive a 6-digit verification code via email or phone. Enter this code within 30 minutes and submit it.
  • Create Password: Create a secure password for the account. It must have at least 8 characters, including at least one uppercase letter and one number. Click 'Next'.
  • Account Creation Confirmation: Upon completing these steps, the Binance account is successfully created​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at Binance, there are several funding methods you can use to buy Shiba Inu cryptocurrency.

You can buy Shiba Inu on Binance using:

  • Apple Pay: Instant processing time
  • Google Pay: Instant processing time
  • Bank Transfer (ACH): 1-3 days processing time
  • Wire Transfer: 1-3 days processing time
  • Debit Card: 1-3 days processing time
  • SEPA: 0-5 days processing time

Step 4Buy Shiba Inu (SHIB)

After registering and funding your account at Binance, you should be able to buy Shiba Inu after your deposit finishes processing. After you receive your SHIB, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Shiba Inu Exchanges

Shiba Inu is also available on these exchanges:

About Shiba Inu

Since SHIB’s only function is to be traded for profit, it’s the perfect coin for day traders looking to exploit high volatility ‘meme coins.’ Those who trade on Binance,, KuCoin, Huobi, and Poloniex will find it in good supply for trading, especially in pairs with USDT.  SHIB has 1 quadrillion tokens, that’s 1,000,000,000,000,000. The purpose of having such a large supply was so that investors could hold millions or billions of tokens without having to spend a large amount of money. A million SHIB tokens will only cost investors a few dollars. This same faculty of SHIB makes it highly volatile, as it’s easy for whales to pump and dump the price if they manipulate the supply and demand. 


Shiba Inu, abbreviated to SHIB in the cryptocurrency world, is a decentralized cryptocurrency created by an anonymous entity known as Ryoshi. SHIB is an ERC-20 token running on the Ethereum network. It offers no technological value or smart contract utility.  Shiba Inu is also a Japanese dog breed, the same one featured in the DOGE logo and featured heavily in memes.

Best SHIB Exchanges in the United States

Step 1: To buy SHIBU INU, investors must first own Bitcoin or Ethereum. Our highest-rated SHIB exchange (Gate) does not offer fiat deposits, so we recommend the Gemini Exchange for US customers who need to purchase BTC or Eth.

Gemini is owned by the Winklevoss twins and is highly secure & trustworthy. We think they’re a better version of Coinbase.

Step 2: Once you own Bitcoin or Ethereum, transfer those coins to one of the following exchanges to buy SHIB.

  1. Gate
  2. KuCoin
  3. Huobi Global
  4. Poloniex

The list above is our highest-rated exchanges that accept US customers and offer SHIBA INU. For SHIB, Gate gets the highest rankings. They provide more than 180 coins, 450+ trading pairs, and investors from the United States (minus Washington State and New York).

Where Can I Buy Shiba Inu? Exchanges for International Investors

  2. Gate
  3. KuCoin
  4. Poloniex

How SHIBA INU works

SHIB offers no smart contract utility and is not backed by any assets or the like. It is just a transferable token, like DOGE. Its value is perceived based on the actions of the market.

The SHIB coin was first listed on its native decentralized exchange, ShibaSwap, before its popularity surged. It was picked up and listed on the top exchanges. 50% of the total supply was locked on Uniswap before it was listed elsewhere.

The Shiba Inu project also offers an artist incubator, providing a place for the best artists in the NFT community to build their audience and develop their skills. Speakers from different genres are invited to talk to and help the Shiba Inu artists explore the NFT movement and market. The first round of the artist incubator welcomed 75 skilled creatives.

History of SHIBA INU

Shiba Inu (SHIB) was created in August 2020 by Ryoshi, an anonymous, decentralized network researcher (or research team, it’s unknown). It also created $LEASH and is working on another project called BONE. The SHIB coin was modeled on Dogecoin (DOGE) and is a fork designed to improve upon the original code and be known as the ‘Dogecoin Killer.’ 

SHIBA INU’s team released a Whitepaper which they called a ‘WoofPaper,’ with three reasons for creating the coin:

  • “We started from zero, with zero.”
  • “The brilliant minds behind Shib had never collaborated before.”
  • “We love Shiba Inu Dogs.”

In May 2021, Vitalik Buterin, the Founder of Ethereum, donated 50 trillion SHIB tokens through an organized burn to the India COVID-Crypto Relief Fund. At the time, this was worth $1.2bn. However, the price dropped considerably when the news was released (as much as 44%), with traders considering this donation akin to a massive coin dump. Buterin had been given 50% of the project’s tokens by the developers, who had not foreseen him donating them, and so had to navigate this obstacle in their journey cleverly.

Shiba Inu (SHIB)
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